Trend Table for DFNL - Davis Select Financial ETF

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 21	B	Weak or Absent	Up	Up	Up	44.34%
Jul 20	B	Weak or Absent	Up	Up	Up	43.88%
Jul 19	B	Weak or Absent	Up	Up	Up	44.14%
Jul 18	B	Weak or Absent	Up	Up	Up	45.70%
Jul 17	B	Weak or Absent	Up	Up	Up	47.77%
Jul 14	B	Weak or Absent	Up	Up	Up	49.52%
Jul 13	B	Weak or Absent	Up	Up	Up	47.35%
Jul 12	B	Weak or Absent	Up	Up	Up	48.95%
Jul 11	B	Weak or Absent	Up	Up	Up	49.82%
Jul 10	C	Weak or Absent	Flat	Up	Up	52.43%